AurCrest Staking In Birch Lake Greenstone Belt  TORONTO, ON – AurCrest Gold Inc. reported that it has staked 336 mining claim units for a total of 13,440 acres located 80 kilometres east-northeast of Red Lake, Ont. The company’s newly staked…

Otis Drills 30.5 Metres of 2.81 g/t Au At Kilgore  VANCOUVER, BC – Otis Gold Corp. reported the receipt of additional significant drill results from its 2010, 35-core hole, 6,657-metre, Kilgore Mine Ridge Gold Project ("Kilgore") drill program located in…

American Bonanza Posts Bond for the Copperstone Gold Mine  VANCOUVER, BC – American Bonanza Gold Corp. reported that it has posted an approximately $1.6 million cash reclamation bond with the Bureau of Land Management ("BLM") for the Copperstone gold mine…

6,000 Metres of Diamond Drilling Commences   VANCOUVER, BC – Alto Ventures Ltd. and Foundation Resources Inc. reported commencement of a 6,000 metre diamond drilling program on the Coldstream Property in northwestern Ontario. Foundation is the operator of this program…

IAMGOLD reports On Greenfields Exploration  TORONTO, ON – Following positive exploration results in 2010, IAMGOLD reported a record $43.5 million greenfields spend for 2011, which provides the Company the opportunity to aggressively advance new and existing growth opportunities. Expensed and…

Increased Gold Production and Lower Costs at Briggs Mine  GOLDEN, CO – Atna Resources Ltd. reported increased production and reduced unit costs at the Briggs Mine in Inyo County, California for the fourth quarter ending December 31, 2010.  Gold sales…

Atna Commences Briggs Mine Exploration    GOLDEN, CO – Atna Resources Ltd. reported the commencement of a new exploration and definition drilling program on targets at its Briggs Mine, in Inyo County, California. The program will include 25,000 to 30,000…

U.S. Energy Corp. Announces Affirmative Decision of the Colorado Mined Land Reclamation Board    RIVERTON, WY – U.S. Energy Corp. reported that the Colorado Mined Land Reclamation Board (MLRB) upheld the Colorado Division of Reclamation Mining and Safety’s (DRMS) approval…

Allied Nevada Reports Final Drill Results   RENO, NV – Allied Nevada Gold Corp. reported the final drill results from the 2010 exploration program at its wholly owned Hycroft mine located near Winnemucca, Nevada. Highlights from the remaining holes include…

Pele Mountain Reports Major Increase in Indicated Resources   TORONTO, ON – Pele Mountain Resources Inc. reported a major increase in Indicated uranium oxide resources as part of an updated NI 43-101 Resource Estimate at its Eco Ridge Mine uranium…